940 K, Merced, CA 95341

$1,495,000

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Listed by Ernesto Ochoa, 209-500-4663 from Keller Williams Property Team
(If provided) CoList: Gordon Borges from Keller Williams Property Team

List Price
$1,495,000
MLS#
CRMC26208516
Status
ACTIVE
Lot Size
15,707
Year Built
1979

Property Description

Well-maintained 10-unit multifamily investment opportunity in an established Merced location. Built in 1979, the property consists of two buildings with five units each, offering an attractive unit mix of all 2-bedroom, 1.5-bath, two-level townhome-style units. Features include newer HVAC units and a wrought-iron privacy gate providing controlled access to the property. The property has an excellent rental history and offers a desirable combination of functional floor plans, townhouse-style living, onsite laundry, storage units and established tenant demand. Conveniently located directly across from McNamara Community Park and soccer fields, and just minutes from the Merced County Fairgrounds, Highway 99 and Highway 59. An excellent opportunity for an investor seeking a well-located multifamily property with a proven rental history.

Additional Information

Cooling System
Central AC
Foundation
Concrete Slab
Garage Parking
Assigned Spaces
Heating System
Central Forced Air
Laundry Facilities
In Laundry Room
Lot Size
15,707
Pool Description
None
Unincorporated Yn
Yes

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